10 Blue Oaks Cove

Assiniboia Downs, Winnipeg

Property score

88.4

Excellent

Overall 88.4 · Newer than most nearby homes

1,974 sqft (bottom 36%) · Built in 2012 (3 yrs newer than avg)

Located in a high-income area with median household income of ~109k

Transit 40.0 · 18-min walk to transit with 1 nearby route · Within 500m: 2 parks, and 2 place of worships nearby

Living Area

Below average

11% smaller than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 85%French · 2%

Past 10 years Assiniboia Downs sales snapshot (~80% of all data)

Sold Count

52

Median price

940k

$/sqft

$470/sqft

Avg build year

2009

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Property score

88.4 is composed by the two sections below.

Property Score

93.6Excellent
Living Area92
1,974 sqftExcellent
Year Built94
2012Excellent
Lot Size100
18,709 sqftExcellent
Neighbourhood Sales Activity92
Excellent

Community Score

80.7Excellent
Household Income88
Excellent
Education Level54
Fair
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health76
Good

Neighbourhood Sales

Assiniboia Downs

How to read: Share of sales in each ~$50k price band for “assiniboia downs” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111093

Community deep dive

$109K

Median household income

$147K

Average household income

5%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

23%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)1,236
Labour force participation rate70%
Median age46.4
Avg household size2.4
Unemployment rate8%
Population density245 / km²

Households & income

Low income (LIM-AT, % pop.)5%
Single-person households23%
Couple families with children28%
Median household income (2020)$109K

Housing

Renter households5%
Condominium dwellings48%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority13%
Bachelor's or higher (25–64)29%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,974 sqft
0255075100
Same streetTop 44%Same areaBottom 36%CitywideTop 11%
Same street · Blue Oaks Cove
#4 / 9
Top 44% · Avg 2,054 sqft
Same area · Assiniboia Downs
#77 / 121
Bottom 36% · Avg 2,212 sqft
Citywide · Winnipeg
#22,317 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

Elite
874k
0255075100
Same streetTop 22%Same areaTop 38%CitywideTop 2%
Same street · Blue Oaks Cove
#2 / 9
Top 22% · Avg 804.7k
Same area · Assiniboia Downs
#46 / 121
Top 38% · Avg 898.9k
Citywide · Winnipeg
#3,217 / 194,458
Top 2% · Avg 390.1k

Year Built

Elite
2012
0255075100
Same streetTop 22%Same areaTop 2%CitywideTop 10%

Lot Size

Elite
18,709 sqft
0255075100
Same streetTop 44%Same areaTop 29%CitywideTop 2%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

10 Blue Oaks Cove — 4 amenities found within 500 m, across 2 categories, including 2 parks (nearest 365 m).

Search radius
🌳Parks2
Worship2

Crime & Safety

Assiniboia Downs · WPS public data · 2026

Annual incidents

8

2026

vs. city avg

-73%

relative to avg

Year-over-year

-88%

vs. prior year

Primary type

Property

75%

Sales History

Sold 8/2020CA$850k–900k
Sold price

Same street

Top 33%

Same area

Top 25%

City-wide

Top 1%

Related homes

Highlights & common questions: 10 Blue Oaks Cove, Winnipeg

Property Overview: 10 Blue Oaks Cove

Key Characteristics & Appeal

This is a spacious, modern bungalow in Winnipeg's Assiniboia Downs neighbourhood, built in 2012. Its defining feature is an exceptionally large, private lot of over 18,700 square feet—a rarity that places it in the top 2% of all properties in Winnipeg for land size. The home itself offers nearly 2,000 square feet of living space, a renovated basement, and an attached garage.

The primary appeal lies in its unique balance of a contemporary, low-maintenance home with the generous, park-like grounds more commonly found with older properties. It suits buyers looking for single-level living without compromising on outdoor space for gardening, recreation, or future additions. The lot offers a blank canvas and a tremendous sense of privacy. The home’s recent sale history and assessed value rank it consistently in the top tier of its immediate area, suggesting it is a well-regarded property within its market.

It would be an ideal fit for downsizers or empty-nesters who want a modern layout but refuse to sacrifice yard space, or for families who value room for children and pets to play over having a multi-storey home. The strong rankings for both its newness and lot size indicate a property that offers the best of both worlds: modern comforts on a legacy-sized parcel.


Frequently Asked Questions

1. How does such a large lot affect maintenance and costs?
While offering great privacy and potential, a lot of this size requires more time or investment for landscaping, lawn care, and snow clearing compared to a standard suburban lot. It’s a trade-off for the space, and buyers should budget accordingly.

2. The assessed value seems low compared to the last sale price. Why?
Manitoba’s property assessments are for municipal tax purposes and are not intended to reflect current market value. The consistent ranking of this assessment in the top 1% in Winnipeg indicates the property is considered high-value by the assessor relative to others, even if the dollar figure appears disconnected from recent sale prices.

3. What is the neighbourhood character like?
Being on a quiet cove with similarly large lots, the immediate area likely has a settled, established feel. The high rankings for lot size and value within the street suggest a uniform standard of properties, offering stability and a specific character distinct from newer, more densely packed subdivisions.

4. Is the renovated basement a legal suite?
The provided details state the basement is renovated but do not specify if it is a legal secondary suite. This is a crucial point to verify with the listing agent or city records, as it impacts value, insurance, and potential rental income.

5. What might explain the significant price increase between the 2020 sale and the current listing?
While general market appreciation is a factor, the combination of a uniquely large lot and a modern, renovated home in a high-demand configuration (bungalow) likely drives a premium. This property occupies a niche that has become increasingly desirable, potentially accelerating its value growth beyond area averages.